R E a L Skills Network Inc

Analysis

R E a L Skills Network Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, R E a L Skills Network Inc reported income of $253k and spending of $255k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $327k to $253k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 114% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, R E a L Skills Network Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Cambridge Youth Hockey ($252k), Londonderry Soccer Club ($253k) and Teens in Action Inc ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $147k. At year end it held assets of $53k against liabilities of $58k, net assets of -$4,461. It reported 36 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.